Vedanta Limited has announced the successful completion of its maiden Qualified Institutional Placement (QIP), raising ₹8,500 crore. The QIP was launched on July 15, 2024, and closed on July 19, 2024, receiving applications for equity shares approximately 2.6 times the offer size from prominent domestic mutual funds, foreign institutional investors, large family offices, and multi-strategy…
CEAT, a leading tyre manufacturer, has entered into a two-year partnership with Bayer 04 Leverkusen, the Bundesliga champions and DFB Cup winners. This collaboration designates CEAT as the premium tyre partner for the next two seasons, effective immediately, and will run until 30 June 2026. Arnab Banerjee, MD and CEO of CEAT, expressed his enthusiasm,…
Haldiram’s, India’s leading traditional sweets and snacks major, recently unveiled its Teej campaign – “Teej ki Meethi Reet” that aims to highlight the brand’s focus on celebrating the timeless traditions of Teej which underlines the onset of the monsoon season and the perineal bonds of love and togetherness. Haldiram’s Teej campaign aligns seamlessly with the age-old…
According to The Nature Conservancy, the average global carbon footprint is approximately 4 tons per person. International agreements such as the Kyoto Protocol and the United Nations Framework Convention on Climate Change, along with local governments, are actively addressing carbon footprints by implementing eco-friendly practices to combat global warming. But what does the term mean…
Hinduja Tech Limited (HT), a mobility- focused global engineering R&D services company and a subsidiary of Ashok Leyland, the Indian flagship of the multi-billion dollar conglomerate the Hinduja Group, today announced the signing of a definitive agreement to acquire TECOSIM Group. This strategic acquisition broadens Hinduja Tech’s presence in the European and international markets and…
With the Paris 2024 Olympic Games around the corner, JSW Group has reignited its long-running and hugely successful campaign – Rukna Nahi Hai – with the launch of a brand-new film that delves into the mindset of the athletes who will represent India on the biggest sporting stage in less than two weeks from now….
Tata Technologies, a prominent global engineering and product development digital services company, has announced a strategic partnership with Arm to drive innovation in software-defined vehicles (SDVs). This collaboration combines Tata Technologies’ extensive automotive domain expertise and software capabilities with Arm’s high-performance, power-efficient Automotive Enhanced (AE) technologies. The partnership aims to reduce the development time of…
BYD India has named Rajeev Chauhan as the new Vice President of the Electric Passenger Vehicle Business, taking over from the retiring Sanjay Gopalakrishnan, who leaves behind a distinguished legacy in the Indian automotive industry. Mr. Gopalakrishnan played a pivotal role in establishing the EV Passenger Vehicle Business at BYD India over three decades. With…
Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW as of June 30, 2023 (Source: CRISIL Report), proudly announces its selection by ISMT Limited, a Kirloskar group company, for the comprehensive turnkey Engineering, Procurement, and Construction (EPC)…
Delhivery, India’s largest fully-integrated logistics service provider, today announced the appointment of Prashant Gazipur as Senior Vice President, Operations. He is a seasoned e-commerce veteran with over a decade of industry experience, having served most recently as Country Head and Chief Process Officer at Ecom Express, and previously at major consumer internet firms including Amazon,…
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